Iceco (TSE:7698) Inventory Turnover: 24.42 (As of Mar. 2026)

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TSE:7698 Iceco Inc TSE:7698
65 GF Score
Price 円2,617.00
GF Value 円1,879.93
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Iceco Inventory Turnover?

Iceco TSE:7698 +0.73% 65 Inventory Turnover is 24.42 as of Mar. 2026. GuruFocus rates TSE:7698 with a GF Score™ of 65/100 and a GF Value™ of 円1,879.93 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Iceco's Cost of Goods Sold for the six months ended in Mar. 2026 was 円22,311 Mil. Iceco's Average Total Inventories for the quarter that ended in Mar. 2026 was 円914 Mil. Iceco's Inventory Turnover for the quarter that ended in Mar. 2026 was 24.42.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Iceco's Days Inventory for the six months ended in Mar. 2026 was 7.47.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Iceco's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.03.

Iceco  (TSE:7698) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Iceco's Days Inventory for the six months ended in Mar. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=913.7595/22311.209*365 / 2
=7.47

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Iceco's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=913.7595 / 26939.494
=0.03

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Iceco Inventory Turnover Related Terms

Iceco Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Iceco's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Iceco Inventory Turnover Chart

Iceco Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
Get a 7-Day Free Trial 60.91 61.42 63.40 58.46 56.10

Iceco Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.28 31.50 25.39 28.14 24.42
TSE:7698
65GF Score
Iceco Inc TSE:7698
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Iceco Inventory Turnover Calculation

Iceco's Inventory Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Inventory Turnover (A: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2026 ) / ((Total Inventories (A: Mar. 2025 ) + Total Inventories (A: Mar. 2026 )) / count )
=47724.868 / ((840.032 + 861.318) / 2 )
=47724.868 / 850.675
=56.10

Iceco's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover (Q: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2026 ) / ((Total Inventories (Q: Sep. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=22311.209 / ((966.201 + 861.318) / 2 )
=22311.209 / 913.7595
=24.42

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 24.42 mean?
Iceco (TSE:7698) has a Inventory Turnover of 24.42 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Iceco and its competitors.
Is Iceco's Inventory Turnover too high?
Iceco's current Inventory Turnover is 24.42. Overall, Iceco has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Iceco's Inventory Turnover compare to SYY and USFD?
Iceco's Inventory Turnover of 24.42 can be compared against companies in the Retail - Defensive industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Retail - Defensive company?
A good Inventory Turnover depends on the Retail - Defensive industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Iceco and its competitors. Iceco's current Inventory Turnover is 24.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iceco stock overvalued right now?
Based on GuruFocus' analysis, Iceco (TSE:7698) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,879.93, compared to a current price of 円2,617.00 — trading 39.2% above its estimated fair value. The current Inventory Turnover is 24.42. Iceco's overall GF Score™ is 65/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Iceco (TSE:7698), the current Inventory Turnover is 24.42 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Iceco (TSE:7698) Overvalued in 2026?

Based on GuruFocus' analysis, Iceco stock appears to be overvalued. The current stock price of 円2,617.00 is trading 39.2% above its estimated GF Value™ of 円1,879.93. GuruFocus considers Iceco to be Significantly Overvalued.

Key valuation signals for TSE:7698:

  • Inventory Turnover: 24.42
  • GF Value™: 円1,879.93 vs. price of 円2,617.00 (39.2% above fair value)
  • GF Score™: 65/100 with 7 warning signs

No single metric tells the full story. See the TSE:7698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Iceco Business Description

Address 1212 Shinbashicho, Yokohama Izumi-ku, Kanagawa, Tokyo, JPN, 245-0009
Iceco Inc is principally involved in the wholesale of frozen foods and ice cream. The company is also engaged in the supermarket business, which operates a food supermarket. The company generates the majority of its revenue from the Frozen food business.
65GF Score

Get the complete analysis for TSE:7698

Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円2,617.00
Price
円1,879.93
GF Value